Taylor Wimpey (OTCMKTS:TWODY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Taylor Wimpey (OTCMKTS:TWODY) from a strong sell rating to a hold rating in a research note released on Monday,Zacks reports.

Separately, UBS Group upgraded Taylor Wimpey to a “strong sell” rating in a report on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Taylor Wimpey has an average rating of “Reduce”.

Taylor Wimpey Trading Up 1.0%

OTCMKTS TWODY opened at $10.51 on Monday. The firm’s fifty day moving average price is $11.07 and its two-hundred day moving average price is $10.98. The company has a quick ratio of 0.44, a current ratio of 4.99 and a debt-to-equity ratio of 0.02. Taylor Wimpey has a fifty-two week low of $9.79 and a fifty-two week high of $16.00.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a residential property developer that designs and builds homes for private buyers and affordable-housing customers. Its activities include acquiring and managing land, securing planning approvals, developing communities, constructing homes and selling completed properties through its housebuilding operations.

The company operates primarily in the United Kingdom and also has a residential development business in Spain. Its UK operations serve a range of regions and typically provide houses and apartments in both urban and suburban communities, while its Spanish business focuses on residential properties in selected coastal and resort locations.

Taylor Wimpey was formed in 2007 through the merger of Taylor Woodrow and George Wimpey, bringing together businesses with longer histories in construction and housebuilding.